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Suzano Papel e Celulose S.A. Announces 2Q10 Earnings Release and Conference Calls

11 Aug, 2010 @ 10:52 am EDT
  • Comments comments 6
Paper/Forest Products/Containers, Brazil

SAO PAULO, Aug. 11 /PRNewswire-FirstCall/ -- Suzano Papel e Celulose S.A. (Bovespa: SUZB5) announces 2Q10 Earnings Release and conference calls with investors and analysts.

Highlights 2Q10:

    --  Total market pulp and paper production of 705 thousand tons.
    --  Sales volume of 717 thousand tons: 420 thousand tons of pulp and 297
        thousand tons of paper.
    --  Net revenue of R$1.2 billion.
    --  Pulp production cash cost of R$ 464/ton (excluding maintenance downtime
        costs).
    --  EBITDA of R$ 413 million, with EBITDA margin of 34.7%.
    --  Net income of R$135 million.
    --  Net debt/EBITDA ratio: 2.7 in June 2010.
    --  Successive price increases and global market pulp inventories below
        historical levels.
    --  New increases in paper prices in both domestic and export markets.
    --  Cash and cash equivalents of R$ 2.5 billion on June 30, 2010.
    --  Gross debt reduction of R$ 202 million.

2Q10 Conference Call / Webcast 



    In Portuguese:
    Thursday, August 12th, 2010 at 08:30 am (EDT)
    Access: +55 (11) 2188-0155 (PIN: Suzano)
    Presentation / Audio Webcast:  
     http://webcast.mz-ir.com/publico.aspx?codplataforma=1943

    Replay: +55 (11) 2188-0055 (available for seven days)
    PIN: Suzano




    In English:
    Thursday, August 12th, 2010 at 10:30 am (EDT)
    Access: +1 (412) 858-4600 (PIN: Suzano)
    Presentation / Audio Webcast: 
     http://webcast.mz-ir.com/publico.aspx?codplataforma=1944

    Replay: +1 (412) 317-0088 (available for seven days)
    PIN: 440234# (pound key) - press "1" to start the playback




    IR Team Contacts
    ----------------

    +55 (11) 3503-9061
    e-mail: ri@suzano.com.br
    website: www.suzano.com.br/ri

SOURCE Suzano Papel e Celulose S.A.

For more iinformation, go to www.prnewswire.com
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